The Federal Reserve is tasked with creating a monetary policy that encourages price stability and maximizes employment. As a result, it attempts to keep inflation at around 2% a year because that has ...

The Federal Reserve decided to hold interest rates steady today, but that doesn't mean the Fed's battle against inflation is over. Fed policymakers signaled that there could be one more rate hike ...

President Donald Trump has pushed for the Federal Reserve to lower interest rates by “a full point” in order to juice the economy as inflation hovers close to its target level. But Fed Chair Jerome ...

Federal Reserve Governor Adriana Kugler says the US central bank should keep holding interest rates steady "for some time" ...

The Federal Reserve is in focus after reports on Wednesday said that President Trump would soon fire Fed Chair Jerome Powell.

The central bank has held its key rate steady for three straight meetings since July as inflation eases. ... Fed holds rates steady as inflation eases, forecasts 3 cuts in 2024.

For the record, the Fed's Federal Open Market Committee (FOMC) left the short-term federal funds rate steady at 5.25% to 5.5% when it wrapped up its regularly scheduled two-day policy meeting on ...

The central bank is poised to hold interest rates steady this month, but there could be a path to cut as early as September.

Federal Reserve officials held the benchmark interest rate steady at the current 5.25% to 5.5% target range today as they seek to ease inflation and avoid a recession. At the Sept. 20 conclusion ...

With the Fed's benchmark holding steady, the average rate on a five-year new car loan was 7.3% in May, near a record high, while the average auto loan rate for used cars was 11%, according to Edmunds.

The U.S. Federal Reserve kicks off a two-day policy meeting on Tuesday with officials widely expected to keep interest rates on hold for now, but also flagging in new economic projections whether ...

Fed Holds Interest Rates Steady For Second Meeting In A Row—As Rate Hikes Weigh On Markets. ByDerek Saul, Former Staff. Derek Saul has covered markets for the Forbes news team since 2021.